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Press Release21 March 2024Siemens AGMunich
Siemens to acquire industrial drive technology business of ebm-papst
Exterior view of the ebm-pabst facility in Lauf an der Pegnitz, Germany / Copyright: Christof Wolf
Cedrik
Neike, member of the Managing Board of Siemens AG and CEO of Digital Industries,
said: “Ebm-papst’s innovative portfolio of mechatronic drive systems and its highly
qualified people are an excellent fit for Siemens. The acquisition will enable
us to tap new business and customer potential in the rapidly growing market for
intelligent, battery-powered drive solutions in intralogistics as well as
mobile robot solutions.”
IDT
products are intelligent, integrated mechatronic systems, which support the
automation and digitalization of production processes. This acquisition will be
a strong addition to the Siemens Xcelerator portfolio. Through their use in
mobile robots and driverless transport vehicles as well as in the automation of
auxiliary processes, such as the retooling of modern production machines, they
are an important lever for greater flexibility and productivity. For this
reason, high market growth is expected in this market segment.
The
integration of the IDT portfolio into the existing automation portfolio and the
utilization of Siemens’ global sales network will open up new market access and
generate significant business potential in the area of flexible and autonomous
factory automation.
The transaction
is to be completed by mid-2025, subject to the necessary foreign trade and merger
control approvals. The IDT business of ebm-papst is located in St. Georgen
and Lauf an der Pegnitz, Germany, and in Oradea, Romania. The parties have
agreed not to disclose the purchase price.
“The
acquisition by Siemens is a strategically significant step for us. What our industrial
drive technology (IDT) business had lacked until now was a global sales
organization for maximum growth. Siemens is a long-standing customer and a
company with strong international market penetration and an extensive customer
base. The integration that has now been agreed upon will give our IDT business
global market access. It will open up new horizons for innovation and further
growth,” added Dr. Klaus Geißdörfer, CEO of the ebm-papst Group. “We’ll use the proceeds from the
sale of the IDT business to further expand our Air Technology and Heating
Technology divisions, to further strengthen our three regions – Europe, Asia
and the Americas – and to invest in future fields of our product portfolio, such
as digitalization and sustainability.”
This
investment in intelligent, integrated and network-connected mechatronic systems
underscores Siemens’ commitment to sustainable innovation and its position as a
leading supplier of systems and solutions for future-oriented, flexible production
automation.
Assembly work at the ebm-pabst facility in Lauf an der Pegnitz, Germany / Copyright: Christof Wolf
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Siemens AG (Berlin and Munich) is a leading technology company focused on industry, infrastructure, transport, and healthcare. From more resource-efficient factories, resilient supply chains, and smarter buildings and grids, to cleaner and more comfortable transportation as well as advanced healthcare, the company creates technology with purpose adding real value for customers. By combining the real and the digital worlds, Siemens empowers its customers to transform their industries and markets, helping them to transform the everyday for billions of people. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a globally leading medical technology provider shaping the future of healthcare.
In fiscal 2023, which ended on September 30, 2023, the Siemens Group generated revenue of €77.8 billion and net income of €8.5 billion. As of September 30, 2023, the company employed around 320,000 people worldwide. Further information is available on the Internet at www.siemens.com.
In fiscal 2023, which ended on September 30, 2023, the Siemens Group generated revenue of €77.8 billion and net income of €8.5 billion. As of September 30, 2023, the company employed around 320,000 people worldwide. Further information is available on the Internet at www.siemens.com.
About ebm-papst
The ebm-papst Group, a family-run company headquartered in Mulfingen, Germany, is the world’s leading manufacturer of fans and motors. Since it was founded in 1963, the technological leader has set international industry standards with its core competencies in motor technology, electronics, digitalization, and aerodynamics. ebm-papst offers sustainable, intelligent, and tailor-made solutions for virtually every requirement in ventilation and heating technology. In the 2022/23 financial year, the Group generated turnover of EUR 2.540 billion. It employs just under 15,000 people at 30 production sites (including in Germany, China, and the U.S.) and in 50 sales offices worldwide. ebm-papst sets the benchmark in almost all sectors, such as ventilation, air conditioning and refrigeration technology, heating technology, information technology, mechanical engineering, intralogistics, and medical technology. In St. Georgen, Germany, ebm-papst develops intelligent solutions for sectors such as intralogistics, electronics, and medical technology. ebm-papst St. Georgen includes the Herbolzheim plant, the site in Lauf in Franconia and a production site in Oradea, Romania. Further information is available on the Internet at www.ebmpapst.com.
The ebm-papst Group, a family-run company headquartered in Mulfingen, Germany, is the world’s leading manufacturer of fans and motors. Since it was founded in 1963, the technological leader has set international industry standards with its core competencies in motor technology, electronics, digitalization, and aerodynamics. ebm-papst offers sustainable, intelligent, and tailor-made solutions for virtually every requirement in ventilation and heating technology. In the 2022/23 financial year, the Group generated turnover of EUR 2.540 billion. It employs just under 15,000 people at 30 production sites (including in Germany, China, and the U.S.) and in 50 sales offices worldwide. ebm-papst sets the benchmark in almost all sectors, such as ventilation, air conditioning and refrigeration technology, heating technology, information technology, mechanical engineering, intralogistics, and medical technology. In St. Georgen, Germany, ebm-papst develops intelligent solutions for sectors such as intralogistics, electronics, and medical technology. ebm-papst St. Georgen includes the Herbolzheim plant, the site in Lauf in Franconia and a production site in Oradea, Romania. Further information is available on the Internet at www.ebmpapst.com.
Reference Number: HQCOPR202403146893EN